Bicycle Insurance United States
Sundays insurance llc npn 17669712 producer license number ca 0k60995 ny 1405598.
Bicycle insurance united states. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. We partnered with an a m best a rated us insurance company to provide a multi risk policy offering protection to all types of cyclists. Bicycle manufacturing in the us industry outlook 2019 2024 poll average industry growth 2019 2024. Srg act under its own australian financial services licence and under an agreement with chubb.
While an impressive figure it s merely a fraction of the 17 4m total bikes sold. It s estimated that about 350 000 electric bicycles were sold to customers in the united states in 2015. Bikesure bicycle insurance bikesure sport is issued by the insurer chubb insurance australia limited abn 23 001 642 020 afsl 239687 chubb and distributed by bikesure holdings pty ltd. Velosurance s basic policy covers a bicycle for accidental damage and theft in the united states and canada with add ons for stranded cyclist coverage um uim coverage liability coverage supplemental medical and worldwide coverage.
In 1895 george b. With so much to see in the united states you don t have to travel internationally to experience a biking trip of a lifetime. Transit protection protects your bike while it s in transit by land air to and from a location within the united states and canada. Coverage provided by markel american insurance company and underwritten by markel service inc.
Clementson an american attorney wrote the road. Velosurance is a national bicycle insurance agency founded by two cyclists in response to the insurance needs of bicycle riders nationwide. Bike tours and cycling vacations can create some of the best adventures and cherished memories. Bicycle theft is an unfortunate occurrence and an increasing trend these past few years and cyclists from the united states are no exception.
The cost of the policy depends on the value of the bicycle being insured. 1000 n west street ste 1200 wilmington delaware 19801. Electric bike sales in europe have shown double digit growth with sales in the netherlands surging by 24. According to the latest fbi uniform crime report from 2007 to 2011 bicycle theft in the united states rose on average 14 each year.